The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sudha Apparels Ltd & Others
JINDRILL · price
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The promoter and promoter group of Jindal Drilling & Industries Ltd have reported open market share transactions done between 28 February 2025 and 18 December 2025. Aggregate promoter group holding rose from 18,621,261 shares (64.25%) to 19,119,461 shares (65.98%) of the company. Key buyers were Sudha Apparels Ltd (+4,56,837 shares, now 12.62%), Jindal Pipes Ltd (+1,00,000 shares, now 9.32%), Dharam Pal Jindal (+1,13,750 shares), Raghav Jindal (+23,200 shares), and others, while Jindal Global Finance & Investment Ltd (-1,00,000 shares) and Crispark Vincom Ltd (-1,40,000 shares) trimmed their holdings. The disclosure was triggered because the total shares acquired in this period crossed 2% of total share capital. The equity share capital remained unchanged at 2,89,81,104 shares.
Net promoter group stake increased by about 1.73%, signalling continued promoter confidence through open market buying. The restructuring between promoter entities does not change control but increases promoter skin in the company, which is generally viewed positively by retail investors.